Intertek Gp (OTCMKTS:IKTSY – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,377 shares, a growth of 289.0% from the September 15th total of 354 shares. Based on an average daily volume of 19,684 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group downgraded Intertek Gp from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
Read Our Latest Research Report on IKTSY
Intertek Gp Price Performance
About Intertek Gp
Intertek Group plc is a multinational provider of assurance, testing, inspection and certification services. The company helps businesses assess the safety, quality, performance and compliance of products, processes and supply chains across a wide range of industries.
Its services include laboratory testing, product certification, factory and supplier inspections, industrial asset verification, quality assurance, environmental and sustainability assessments, and risk-management support.
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